Energy Recovery shares are trading lower after the company reported worse-than-expected Q2 revenue results.
Portfolio Pulse from Benzinga Newsdesk
Energy Recovery, Inc. (ERII) reported lower than expected Q2 revenue results, leading to a decrease in its share price.
August 04, 2023 | 2:02 pm
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Energy Recovery's Q2 revenue results were below expectations, causing a drop in its stock price.
Energy Recovery's lower than expected Q2 revenue results have negatively impacted investor sentiment, leading to a decrease in its share price. This suggests a short-term negative impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100